Answer:
a. option Is the correct answer right
Answer:
option (d) $18.24
Explanation:
Data provided in the question:
Dividend paid last year = $1.2
Dividend growth rate for 3 years, g = 10%
After 3 years Dividend growth rate, g' = 4%
Required return, r = 12%
Now,
Present vale factor, PVF =
Year Dividend PVF @12% Dividend × PVF
1 1.2(1+.10)= 1.32 0.89286 1.1786
2 1.32(1+.10)= 1.452 0.79719 1.1575
3 1.452(1+.10)= 1.5972 0.71178 1.1369
3(Terminal value) 20.7636 0.71178 14.7791
=====================================================
Current share price ∑(Dividend × PVF
) ≈ $18.24
Note:
Terminal value at year 3 =
=
= $20.7636
Hence,
The correct answer is option (d) $18.24
Answer:
The variable cost per unit sold is closest to $11.90.
Explanation:
Only variable manufacturing costs are included in <em>product costing</em> under the variable costing method.
Both the fixed manufacturing costs and non-manufacturing costs are treated as <em>period costs</em>, expensed in the profit and loss.
<u>Calculation of Variable Unit Cost</u>
Direct materials $ 6.60
Direct labor $ 3.65
Variable manufacturing overhead $ 1.65
Total Variable Unit Cost $11.90
Conclusion :
The variable cost per unit sold is closest to $11.90.
Answer: Win, because Bob is still liable to Al.
Explanation:
Accepting to do a job must come with commitment on the side of the servicer. It is unjust to accept a job without making much effort or input to see it carried out. Some businesses do this especially when a bigger offer comes their way and these puts a bad name to their organization as the failed client will have no good thing to say about them, when the cases goes like this, the client who was failed raises the issue to court and would win since he has already engaged the services, this is the tail between Bob and Al.
Answer:
The main reason the New York Federal Reserve Bank President is always on the FOMC is due to the importance of the New York Federal Reserve Bank
Explanation:
The body of the Federal Reserve System responsible for making monetary policy is the Federal Open Market Committee, FOMC
The Fed's monetary policy are executed primarily through the New York Fed and the other Federal Reserve Banks. The New York Fed does this mainly through Permanent Open Market Operations, providing lending facilities, and performing quantitative easing so as to ensure that the Fed unemployment, inflation, and interest rates policy targets are archived
The New York Fed is the primary agent through which the Fed intervenes in foreign exchange markets. The New York Fed also carries out all Fed open market transactions, and therefore is about the most important bank in the FOMC
The New York Federal is also the only one of the Federal Reserve banks that is a member of the Bank of International Settlement, provide gold storage for other foreign central banks and a good number of the largest banks in the United States are located in the New York Federal Reserve district, as
The main reason the New York Federal Reserve Bank President is always on the FOMC is therefore due to its uniqueness and the special responsibilities, functions and capacities of the New York Federal Reserve Bank